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Greetings!,
Our newsletter is a listing of all our blog posts. The newsletter is sent 2 or 3 times a day. Our email schedule is HERE. If you cannot wait for the email, you can read our posts directly on our BLOG throughout the day and night, or follow us on TWITTER and get our blog posts tweeted to you between 10am - midnight (ET). Our Twitter name is DinarRecaps. If you like this newsletter, share with others. Enjoy our Recap Email, The Dinar Recaps Team |
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I don't start many topics, but I wanted to help shed some light on an issue that seems to be confusing people. I believe we all agree that any dramatic increase in the value of the dinar will require them to issue a new currency.
I'd rather not debate at this point whether or not Iraq could conceivably support a revaluation to $.86. For the sake of argument let's assume that they can.
If they go this route they will issue new lower denominations within the same currency series with the same currency code of IQD.
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The below posts shaded in green
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state law: Allawi's speech was intended to "intimidate" the crisis and return to square one
Sunday, 09 September 2012 07:51
BAGHDAD : Re coalition of state law on the Iraqi leader's speech last Iyad Allawi, adding that the meaning of the letter is to "hype" and return to square one crisis after it began gradually.
The MP said the coalition of state law on Alfalh told the future on Sunday that: "speech Allawi characterized vasospasm and hype and too far from the latest political developments in Iraq," adding that: "Allawi either in isolation or political observer bad events in Iraq."
Allawi accused Alfalh saying "Mr. Allawi wants to rectify things after that broke with many members of his" reconciliation "and the withdrawal of a number of members of the Iraqi List, through the return of the crisis back to square one and try to negotiate on certain gains."
Read More Link on Right
Legal Expert: convergence legislative and executive branches will adopt laws broken boom
Sunday, 09 September 2012 10:02
BAGHDAD: legal expert Tareq Harb, Sunday, that the great convergence between Maliki and Nujaifi will accelerate the legislation of a lot of laws in the House of Representatives.
The war correspondent and news agency the future, that: "For great affinity between the legislative authority represented by its president Osama Najafi and the executive branch represented by its president Nouri al-Maliki will accelerate the legislation of laws that did not initiate despite entering the legislative term the third, but that there are laws stage of the legislative session Previous ".
Read More Link on Right
Motallebi: Hashimi's death sentence will not affect the path of the political process
Sunday, 09 September 2012 11:52
BAGHDAD : ruled by a coalition of state law Saad logistical Criminal Court's decision affects the death sentence against Tareq al-Hashemi on the political process, whether positively or negatively, stressing that the issue of al-Hashemi purely criminal case.
Said Muttalibi told the future on Sunday that: "All parties have realized since for quite some time that the issue of al-Hashemi criminal case purely did not interfere with the government or the ruling parties where or pressing any direction," adding that: "the Iraqi List, raised her hand for Hashemi after realized involvement criminal operations. "
Read More Link on Right
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The below posts were in our 11am email
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9-8-2012 Shasta7: Here is WHY I am optimistic about this investment. The PTB screwed things up so bad that they have NO choice to allow the RV to happen. The bankers & gov't poisoned the system & have no way out of it. They know it, we know it & most importantly they know we know it!!! This scares the he-- out of them.
It is only a matter of timing in my opinion & time is running out fast. Most countries economies are ready to go over the cliff & ALL the banks are insolvent. They just won't tell the public the truth as they don't want them to know the truth!! They do this so they can keep stealing from us. These are the facts. I dare anyone to prove me wrong!!
China is basically now in control. Just watch what the BRICS nations do & soon. The Briics (Brazil, Russia, India, Indonesia, China, & South Africa) are looking to back their countries currency with GOLD. They ALL still buy oil from Iran with GOLD.
********
[xyz] germany? hmm ... US delegation visits Talabani in Germany
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9-8-2012 Dontlop (Dinar Vets): The Iraqi reserves include 150 billion barrels of oil also and thats only 20% of Iraq being explored for oil. This adds 10 billion more. 160 billion barrels worth around 16 trillion dollars.
Not to mention the trillions of cubic yards of natural gas. The best part is we are holding their currency!
9-8-2012 TrinityeXchange: So it seems quite the timing of Rothschild, through subordinate Hayward, to chime in now that the delegation from the United States has paid their visit to Al-Maliki and let him know that he has been caught and, if he wants to keep his head, he will play ball NOW.
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[BWM] ok I don't usually get into this much detail but real quickly I'll go over some "dates" ppl are looking at and discussing...
[BWM] this will be quick with room closing so forgive me if I don't answer someone til I'm done
[HeIsFaithful] BWM this should be interesting....
[BWM] ok dates ppl have been discussing Sept 11/12 before 17/18 and after 17/18
[BWM] so lets look at those and see the issues with each one..
[BWM] the 11th & 12th..
[BWM] many would like you to believe that Talabani will show up for a meeting this week they will term a "national meeting"... and announce the ministers everything is solved.. yadda yadda yadda
[BWM] some say this will occur on the 11th.. now consider this, I have had a long debate with a contact about this... would they actually do this on 9/11? hard to say because the issues that would be considered with this.. would this be "honoring" the attacks, would it be "detrimental" to honoring the attacks...
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9-8-2012 Shelly41 (Emailed To Dinar Detectives): I just wanted to say that I would have to disagree with corrinthdinar's opinion. I do agree however with what Dr. Todd had to say and I think Iraq could justify a rate of 5+.
I don't understand the technical aspects of how they will achieve this but I do think Iraq's goal is to have the highest currency in the Middle East and I think the Iraqi dinar is the best shot the global financial system has at saving an entire collapse of the monetary system.
The IQD has come along at the perfect time in history and I do think this is all part of a bigger plan which if true, we should see proof of very shortly. I believe this has all been part of a 10 year plan and the PTB have been in control of the reconstruction process from the start. The world can't wait much longer. This is just my humble opinion.
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10 Common Misconceptions About Money
Money Talks News By Stacy Johnson - Fri, Sep 7, 2012
I recently celebrated my 57th birthday, and have arrived at a common conclusion about getting older: It sucks. But there's one good thing that comes with age - the wisdom that can only come from experience.
Experience helps you understand how life actually works, and how remarkably different life is from the kind you so often see portrayed in commercials, movies, and daydreams.
Prime example? Money. The myths surrounding money are numerous and widely held, especially among the young. It's a shame, because pursuing myths will lead you astray, waste your time and, taken to extremes, ruin your life.
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I would love to tell you I know when this is going to be over. If I knew, I would. Right now everyone is frustrated, confused, tired, pist off and probably 1,000 other feelings or emotions. You are not alone. This has been an extremely long journey. For all of us that thought this was going to be easy money, sorry. It was not meant to be that way. We have all heard this day and that day or can't go past this date, blah blah blah and I am also guilty of that. But here are some of the facts that have not changed if you look at this on a global level.
The Global Economy:
Let's look at the Global Economy. Nothing has changed in years and let me explain.
The United States. 16T in debt. Unemployment over 8% (probably a lot higher around 15%). Still waiti
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9-8-2012 Hame55: SIGR report implies that the "dropping of the zeros" may mean taking them off the exchange rate, not the nominal (printed) value on the notes.
If the new value would have been just less than a dollar if they had they not postponed the rate change, then it makes sense it implies the .86 rate, or as some have said around $1.17, more or less.
What I am getting at here, is if they LOP, they would have to raise the value after the LOP three to four times, in order to raise the absolute, real value at all and give people some sense their currency has reached its former value before the war and sanctions.
Therefore, the SIGIR report implies a "redenomination" in the form of a revalue, with issuance of new lower denom notes (hence the technical term redenomination") Let's hope they honor 3-zero notes - there is little precedence otherwise. Just my thoughts.
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[badgerbill] cruiser Anything exciting on the Intel front???
[cruiser] badgerbill Well for those who did not read the post yesterday in the blog, you should. You will understand what the hold up is. With the markets reacting the way they have since Thursday, Kind of think things are happening. Just have to wait for it. Really the only thing we can do.
[canadian_bacon] cruiser yes from what i hear now it's onlyyyyyyyyyy in iraqs hands
[cruiser] canadian_bacon roflmao
[top_gun] cruiser wish i'd waited until now to sell my scrap gold!
[canadian_bacon] top_gun will go much higher
[badgerbill] cruiser I did read your blog yesterday....very well written...Cheers,,,,just hoping for additional confiramations today...Thanks!!!
[Tenizen] canadian_bacon Still can't think that it is. Logically speaking, they can take control any time of the situation over there. If they haven't so far, its only a game or a show being played out.
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Iraq Finance 2012, a new international conference and exhibition on banking and financial services in Iraq. Sept. 18th and 19th in London collie] http://www.iraqfinance.co.uk/ credit Bozo for this one..watch the slide show at the top of the page until the 25k note comes on. collie] xyz if this doesn't excite you nothing will! did you look? read the caption under the note. [collie] http://www.iraqfinance.co.uk/ [collie] hub watch the slide show..until the 25k note comes up and read the caption wenmar] xyz the bank is planning on removing the 000's [heartfelt] collie Thanks for the great find!!! We have MANY GREAT researchers in here. [xyz] collie i am now truly excited for a sat .... [ireneg] on this page also on the left click on supporting letters and read it. [collie] xyz what is cool..is that this almost seems like an International notification of the removing of the zeros so how can they hold off much longer [Ladyrose247] question ? why does part of it say 2011 and part 2012 ////any ? [hub] collie i did and that is goooood to see from them,,,,,,,,,,,,,,,,,,,,,,,, [xyz] collie that was a great find ....
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The below posts shaded in green
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Expert: Instability of the value of the dollar against the dinar has made the price of gold locally Mtzbz
08.09.2012
Baghdad (news): attributed economist Jalil al-Rubaie, the reasons for fluctuations gold price in local markets to instability exchange rate U.S. dollar against the Iraqi dinar. Rubaie said (of the Agency news) on Saturday: The instability of exchange rate U.S. dollar against the Iraqi dinar during the period Current led to the fluctuation of the price of gold in the domestic market, the fact that the relationship associated with them counterproductive, the more the dollar gold price, and vice versa. added: that the value of the U.S. dollar in Iraq experienced strong and led to display large amounts of gold in the domestic market in order to bring dollar and preserve the value of the dinar, which led to lower its price relative to what it was in the past. They pointed out: that Iraq is affected by global markets and by changes in the prices of gold, being dependent on imports significantly and has nothing issued either oil, many countries imported oil when you see that the price of oil has increased, they are trying to reduce the value of the dollar through the supply of gold in the domestic market.
http://www.sotaliraq.com/mobile-news.php?id=70606#ixzz25ut0WRE4
Governor of Babylon reveals the presence of large quantities of counterfeit currency in the province
Saturday, 08 September 2012
Babel: Euphrates News: revealed governor of Babylon Mohamed Messaoudi and presence of large amounts of money from counterfeit currency spread in local markets, especially in the center of the city of Hilla.
Said Masoudi told {Euphrates News} today that "counterfeit currency that has spread in the local market recently propounded by fake and thieves currency in order to provide the country's economy," noting that "the local government has Bagrat Qanuena and precautionary measures to follow up on local markets and tightening control over banking offices and currency trading places for the purpose of preventing sabotage the national economy in this way. "
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Urgent .. Maliki agrees to Sabir al-Issawi's resignation from office
Saturday, 08 September 2012
Baghdad: Euphrates News: announced, media adviser to Prime Minister Ali al-Moussawi for the approval of the Prime Minister Nuri al-Maliki on the resignation of Secretary of Baghdad, Sabir al-Issawi from office.
Iraqi television reported the semi-official "media adviser today announced the approval of Prime Minister Nuri al-Maliki on the resignation of Secretary of Baghdad, Sabir al-Issawi after a request by the latter to the prime minister relieved from his post for personal reasons."
The secretary of Baghdad, Sabir al-Issawi request his resignation yesterday for personal reasons to Prime Minister Nuri al-Maliki, a fourth application provided by al-Issawi.
State law: All signs point to Dharorhakd national meeting soon
08/09/2012
Diyala / electronic integrity: The MP said the state law, Khalid al-Asadi, the national meeting to be held is still in place and the current political climate and calm that hangs over the atmosphere of bilateral talks make all indicators suggest his contract.
Asadi said told the newspaper "integrity electronic" today that efforts by the National Alliance for the success of the reform draft paper makes national meeting of an important and serious issue.
He added that President Jalal Talabani is still insisting the need to hold national meeting as one of the important options for the success of the political process and to continue to address the problems that face us.
Farah Asim al-Tai
http://www.alestiqama.com/news.php?cat=siasy&id=4302
Baghdad-Erbil oil dispute will get solved, says Hayward
08/09/2012 14:43
ERBIL (AKnews) : The Kurdistan Region's oil plan is to produce one million barrels of oil per day over the next couple of years and this size of production will end the political dispute between Iraq and the region, said Genel chief executive Tony Hayward.
Hayward said: "The scale of the opportunity for Kurdistan and for Iraq is so large that there will be a resolution.
"We'd like to be exporting and believe strongly that over the next year or so, if not well before, that resolution will be arrived at."
Kurdish oil field Taq Taq is producing 105,000 barrels of oil per day (bpd). Tawke is running at 70,000 bpd, but should be up to 100,000 bpd by the end of the year, said Hayward.
No candidate is nominated for Interior Ministry, says SLC
08/09/2012 19:04
BAGHDAD (AKnews) : The State of Law Coalition (SLC) led by Prime Minister Nouri al-Maliki said the National Alliance (NA) has so far not nominated any candidate for the Interior Ministry, adding that this issue will be discussed later.
The political blocs agreed that the NA names the candidate for the Interior Ministry and the Iraqiya coalition names the candidate for the Ministry of Defense.
The leader of the coalition Ihsan al-Awadi said the coalition is awaiting the result of the negotiations of the negotiating committee formed by the NA with Iraqiya List and the rest of the blocs to choose the candidate for the defense ministry.
The Defense Ministry is managed by Culture Minister Saadoun al-Dulaimi after being assigned by Prime Minister Nouri al-Maliki amid criticism of Allawi's list, while Maliki still holds the Interior Ministry post.
By Raman Brosk
RN/DM/AKnews
http://aknews.com/en/aknews/4/325361/
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Sadrists: Maliki seeks to make Najafi president of the Iraqi instead of Allawi
08/09/2012
BAGHDAD / electronic integrity: Sadrists WIN confirmed within the National Alliance, that Prime Minister Nuri al-Maliki seeks to make the Iraqi Parliament Speaker Osama al-Najafi, chairman of the Iraqi list instead of its current president, Iyad Allawi, by holding bilateral meetings with him.
The leader of the current MP Jawad al-Hasnawi: The meetings that take place between the leaders of political blocs just for briefings and a waste of time and not a breakthrough to the political crisis, noting that the meeting between Maliki and Najafi, comes within the efforts of Prime Minister by making Parliament Speaker president of the Iraqi list instead of Iyad Allawi .
Hasnawi said: Maliki's efforts to make Najafi, head of the Iraqi aims to break up the list for being one of the parties that called for the withdrawal of confidence in him.
http://www.alestiqama.com/news.php?cat=siasy&id=4299
US Company to erect power station in Babel
Saturday, 08 September 2012 21:59
Babel (AIN) : The local government in Babel province agreed to conclude a contract with a US company to set up a plant to generate electricity power in the province.
Babel Governor, Mohamed al-Masoudi, said during a joint press conference with the Commissioned Director of the US company [APIC Gibson] held in Babylon tourism resort on Saturday, attended by the correspondent of All Iraq News Agency (AIN) that "We agreed with the US [APIC Gibson] company specialized in the production of electric power to install generating units, each ranging between 15-32 MW and the energy produced in these units would be allocated to the Electric Department of the province."
Genel's Hayward Expects Resolution to Kurdistan Oil Crisis
08 September 2012
Baghdad and Erbil both have too much at stake not to settle their dispute over oil, although they may take a year or so to do it, Genel Energy Chief Executive Tony Hayward (pictured) told Reuters.
"The scale of the opportunity for Kurdistan and for Iraq is so large that there will be a resolution," said the former boss of BP.
"Over the next year or two, Kurdistan production capacity will grow towards 1 million barrels a day - that's too much oil to be shut in as a consequence of a political dispute.
So one way or another, it's going to get resolved ... We'd like to be exporting and believe strongly that over the next year or so, if not well before, that resolution will be arrived at."
Increasing amounts of counterfeit currency in Babylon
Saturday, September 8, 2012 22:45 Revealed Babylon governor Mohammed al-Masoudi, and presence of large amounts of money from counterfeit currency spread in local markets, especially in the center of the city of Hilla. And Massoudi said that "counterfeit currency that has spread in the local market recently raised from fake and thieves in order to destroy the country's economy," noting that "the local government has legal proceedings and precautionary measures in follow-up local markets and tightening control over banking offices and places of currency trading for the purpose of preventing the demolition of the national economy this way. " Click for Link
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Contact Us
Dinar Recaps
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Edison, New Jersey
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About Us
We are Iraqi Dinar Investors who Tweet and blog the latest Dinar information gathered from public forums, chat rooms, and blogs. Our Blog posts are e-mailed in this Recap Newsletter.
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� Copyright DRT Distribution, LLC All Rights Reserved DISCLAIMER: We do not endorse, support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted or otherwise contained on Dinarrecaps.com or any Dinar Recaps Twitter account or Dinar Recaps email or newsletter or post or any related or affiliated website or Twitter account (collectively, the "Website"). We do not endorse any opinions expressed on the Website. Dinar Recaps is not a registered investment advisor, broker dealer, banker or currency dealer and as such, no information on the Website or Email newsletter should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the Website. This site is merely for informational-entertainment purposes. It is not the purpose or intention of this site to influence any person to purchase or sell Iraqi Dinars or any other currency. Do not buy, sell, trade or hold any Iraqi Dinars or any stocks, bonds, other currencies, or commodities based upon any postings or messages on the Website or referenced on the Website. You should seek and rely on the advice of licensed and registered financial, legal and tax advisors of your choice. The owners or operators of the Website shall be all be held harmless for any/all information posted on this site and Twitter account(s) and email newsletter(s). Any and all information contained herein shall be construed as "Rumor." The owners and operators of the Website site shall not be held responsible for any information contained hereon including information provided by others.
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